The “rewarding” theory is probably true. That’s why so many people were hired to begin with. Boards were like “if we don’t hire, we’ll fall behind!” So they over-hired. Now they’re like “we can easily hire more later. Fire these losers.”

So you basically trained a ton of people on your internal systems and let them go? And you think randos will be able to pick up the slack when you need them in 12 months?

These companies are so dumb. Aren’t they growth companies? Don’t they have moonshots to work on or any good ideas for the future these people can contribute to? It’s like they became big and lost the ability to innovate.